Jikia House is the ideal choice for anyone looking for a finished, inexpensive apartment in one of Tbilisi’s most popular private communities.
Occupying a large plot just 100m from the new University Metro Station in Saburtalo, Jikia House has been under construction for well over five years already, with the project consisting of 38 similar buildings. The apartment that we have available is in the 37th block, which is definitely one of the best on the project as it is the quietest block on the project, with beautiful views of mature trees some distance from the block. It is also one of the closest buildings to the metro station and the Fresco 24/7 supermarket right next to the metro.
With just one more block to complete before the project is 100% finished, buyers here don’t need to worry about living on a building site for years to come as was the situation with the early buyers because the site will be completely finished in a matter of months.
Over the years that this project has been under construction, Jikia House has grown to be a self-contained little village acting as a quiet sanctuary from the rest of the city. Most of the project already consists of beautiful, mature landscaped gardens and common areas. Right in the centre of the project are a variety of useful stores and eateries, including a SPAR convenience store plus cafes, restaurants and bakeries. Due to the fact that this is a gated community, it is exceptionally safe and designed very much with families in mind, with many playground areas for children. Right next to the project is a large outdoor swimming pool and tennis courts. With all of these advantages, it is hardly surprising that this compound is exceptionally well-known and popular with foreigners and Georgian families alike.
The last remaining apartment that we have available is a cozy 41.4m2 one-bedroom apartment located on the sixth floor of the building, which ensures plenty of light coming into the apartment, with hillside views above and mature trees below. The only other apartments available on the project now have views directly into other buildings opposite.
The building is now complete to white frame standard. We can arrange the finishing of this apartment inside just four weeks for an additional cost of $5,500 and can also arrange a fitted kitchen and all furniture for an additional cost of $6,000. This will give you a ready to move into apartment for under $55,000 which you can be living in within a six week period. Apartments such as this one rent for a minimum of $350 per month, giving investors an easy 7.5% net yield per annum.
We only have one such apartment available with such nice views as come from this apartment, so if you would like it to be yours, then please act quickly in order to avoid disappointment.
- 24/7 Security
- Children's Playground
- Close to Metro
- Convenience Store
- Mountain Views
- Swimming Pool
- Tennis Courts